Daosta Incorporated uses the FIFO method in its process costing system. The following data concern the operations of the companys first processing department for a recent month. Work in process, beginning: Units in process 900 Percent complete with respect to materials 50% Percent complete with respect to conversion 30% Costs in the beginning inventory: Materials cost $ 565 Conversion cost $ 2,129 Units started into production during the month 23,000 Units completed and transferred out 23,000 Costs added to production during the month: Materials cost $ 55,416 Conversion cost $ 612,001 Work in process, ending: Units in process 900 Percent complete with respect to materials 60% Percent complete with respect to conversion 60% Required: Using the FI